Snacks pricing, “urgency” on drinks – takeaways from PepsiCo’s Q3 results
PepsiCo has been under pressure to improve its performance since activist investor Elliott Investment Management went public last year with …
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Cyclospora probe: Taylor Farms changes lettuce output at Mexico site
Taylor Farms will “indefinitely suspend” the harvesting and processing of iceberg lettuce from central Mexico for sale in the US …
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Pilgrim’s Pride board to review takeover approach by Brazil’s JBS
Pilgrim’s Pride board is reviewing whether to accept the latest takeover offer from Brazilian meat giant JBS. The US poultry business, …
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Grupo Fuertes acquires Nutrave in latest poultry deal
Spain’s Grupo Fuertes has struck another protein acquisition with the purchase of local poultry processor Nutrave. The deal comes on the …
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Mission Produce sets 2035 sales, earnings targets
Mission Produce has set out a plan to double sales and triple adjusted EBITDA by 2035. The targets are part of …
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PepsiCo to cut costs after lowering earnings outlook
PepsiCo has indicated it will cut costs after lowering its earnings outlook for 2026 on the back of margin pressures …
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“We wanted to rocket fuel our growth” – Borough Broth CEO Ros Heathcote on funding, GLP-1s and AI
Borough Broth sold a “third” of the UK organic business last year to private-equity firm Piper and is using some …
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Premier Group’s RFG acquisition faces regulatory hurdle over plant closure
South Africa’s competition regulator is seeking to revoke Premier Group's acquisition of RFG Holdings amid plans to close a factory. Premier’s …
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Arla to close packaging plant in Sweden
Arla Foods is to close its Falbygdens Ost import and packaging facility in Falköping, Sweden, a decision that will impact …
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Italian group Morato acquires German peer Jaus Bakery
Morato Group has acquired Germany's Jaus Bakery and its Italian distributor CEA Italia. The financial terms were not disclosed in a …
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Müller plans to close two factories in Germany
Unternehmensgruppe Theo Müller plans to close two production plants in eastern Germany – one manufacturing sauces and another cheese. The privately-owned …
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Vion eyes Dutch slaughterhouse sale
Vion plans to sell one of its pig slaughterhouses in the Dutch group's domestic market due to declining volumes. In a …
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Street food fuels rise of South Korean cuisine
In North America and Europe, South Korean foods are no longer confined to specialist stores or reserved for the occasional …
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B&G Foods pulls Nortera deal amid regulator backlash
B&G Foods has pulled the sale of its Green Giant and Le Sieur vegetable businesses in Canada to Nortera Foods …
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US yogurt-bar firm Clio sells to PE firm Stride Consumer Partners
US yogurt-bar producer Clio Snacks has been sold to private-equity investor Stride Consumer Partners. While the financial terms of the deal …
